Just a few months after the first 11-speed Dura-Ace 9000 group started to appear on new bikes, Shimano announced a new mechanical Ultegra 6800 package that brings many of the flagship group’s features down to more affordable prices.

Like 9000, the new group has an 11-speed cassette, and more gearing options: There are multiple choices between a flatlander’s 11-23 and a mountain-friendly 11-32. The Ultegra crank has the same stiff four-arm spider design as Dura-Ace, as well as its range of gearing options. Chainring combos now include 53-39, 52-36, 50-34, and even a cyclocross-specific 46-36. The new, narrower, 11-speed chain receives Shimano’s Sil-Tech friction-reducing coating as well. According to Shimano, a complete group weighs 2,309 grams, 35 grams less than the previous generation.

Shimano says the new shifters’ ergonomics are almost the same as Dura-Ace’s: Vivid Index technology gives the rider clear and positive shift feedback, and also retains a light-feeling stroke. Polymer-coated cables and a long lever arm on the front derailleur dramatically reduce effort to ensure Shimano’s typical light action. Plus, you don’t need to push the lever as far as on previous generations—about 13 percent less—to initiate a shift, and there’s 10mm of reach adjustment, a boon to riders with smaller hands.

Ultegra 6800’s brakes feature the same power-enhancing two-axle symmetric pivot design as Dura-Ace’s, an improvement that Shimano says increases power by about 16 percent. The new brakes are available in both a traditional configuration and a direct-mount version.

Ultegra’s wheels will now come with an 11-speed freehub body. The hubs retain Shimano’s cup-and-cone angular contact bearing design, but are now easier to adjust. Shimano says the system also reduces axial forces from the quick release. The hubs weigh 10 grams less than the previous version, and the tubeless wheelset comes in at 1,640 grams.

Expect to pay $1,250 for the complete Ultegra 6800 group when it becomes available in shops around September.